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Saturday, November 03, 2007

Wall Street is a tough place 


Unfortunately, this is not the least bit surprising:

Meredith Whitney, the analyst who prompted a $369 billion (£177 billion) plunge in the value of US shares on Thursday by issuing a negative note on Citigroup, hit out at Wall Street’s culture of intimidation yesterday after receiving several death threats from investors in the bank.

I admit, though, that I did not see this coming:
Ms Whitney, a CIBC analyst who is married to the former World Wrestling Entertainment champion Death Mask, prompted a near 7 per cent drop in Citigroup’s shares on Thursday, after suggesting that the bank needed to raise more than $30 billion to restore its capital cushion.

There's somebody for everybody, I suppose.

4 Comments:

By Blogger GreenmanTim, at Sat Nov 03, 02:37:00 PM:

John "Death Mask" Layfield is also a Fox News business analyst...

http://en.wikipedia.org/wiki/John_Layfield  

By Blogger Christopher Chambers, at Sat Nov 03, 08:53:00 PM:

Is there a correlation or common thread twisting among WWE and "professional wrestling" (whoa) fans in general, miscreatism and anything relating to Fox ("News" or otherwise...even "House" has "jumped the shark" into idiocy...)? I'm just ask, just curious. ;-)  

By Anonymous Anonymous, at Sun Nov 04, 07:58:00 AM:

"I'm just ask .. ."
In what language do you write, Mr. Chambers? I can't quite identify it, but I know it's not English.
It's not that big a deal. I'm just curious, so I'm just ask.
And as you obviously fail to grasp what professional wrestling is all about, I will clue you in - it is nothing more than broadly drawn escapist entertainment designed to offer young males the same thing soap operas provide middle-aged women: recognizable character archetypes to identify with and root for or to actively dislike and root against. By nature, both wrestling and soap operas are designed to be so unsubtle that they descend into self-parody - and gleefully so. That's the point.  

By Anonymous Anonymous, at Sun Nov 04, 04:45:00 PM:

LR: Outstanding definition. One for the books.

Chris, I'm just ask, too. In fact, I'm sure many of us here are just ask. Need an answer? Just ask!

In this case, I believe what you're ask is whether or not you put together a pure, cohesive paragraph for once, and I'm afraid the answer is, once again, a sad 'no'.

Not only was there the "ask" thing, but one cannot "jump the shark into idiocy." 'Jump the shark' means a defining moment when things start to go downhill, like for a TV series. You don't jump the shark into anything -- you just jump the shark, period. And a pretty stupid expression, for all that. Poor Fonzi. Innocently water skiing one minute, into the annals of infamy the next.

Tige, "There's somebody for everybody" is one of the themes in one of the greatest movies ever made, "LA Story". What genre is it when everything in a movie is totally plausible except for one little fanstastical thing, like (in this case) a magical billboard? It's actually a pretty rare genre, but certainly a delightful one.

P.S. You kicked ass on the health care article. Great list of questions, well thought out.  

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